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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Saudi Arabian Riyal/Japanese Yen (FOREX:SARJPY)

Strong Uptrend (+100) - SARJPY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SARJPY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SARJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for SARJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SARJPY
Open High Low SARJPY Price Change
41.163601 41.176461 41.157858 41.176461 +0.012860
Entry Signal

MarketClub’s Trade Triangles for SARJPY

long term up The long-term trend has been UP since Mar 19th, 2024 at 40.224148

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2024 at 40.206868

short term up The short-term trend has been UP since Apr 8th, 2024 at 40.498157

Smart Scan Analysis for SARJPY

Based on our trend formula, SARJPY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SARJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.163601 41.176461 41.157858 41.176461 +0.012860
Prev. Close Volume Bid Ask Time
41.163601 2024-04-19 05:30:56
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